Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 32 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
VAN BRUWAENE - VERVAET from Ieper, company number BE0873126001, closed financial year 2025 with a result of € 25,663 after tax. For that financial year VAN BRUWAENE - VERVAET recorded a gross margin of € 366,181 and equity of € 160,432. Compared with financial year 2024, the result moved from € 7,515 to € 25,663. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on October 29, 2025.
€ 160,432
▲ 19% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 25,663
▲ 241% vs 2024
Profit after tax over the fiscal year.
€ 6,466
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 140,432.
People and assets in 2025
€ 230,236
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 118,736
▲ 30% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 143,321
▲ 5% vs 2024
€ 31,973 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 1,487
▼ 96% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 6,594
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 271,840 | € 273,014 | € 311,954 | € 366,181 | ▲ 17% |
| Profit after taxes | € 25,747 | € 13,760 | € 7,515 | € 25,663 | ▲ 241% |
| Equity | € 113,494 | € 127,254 | € 134,769 | € 160,432 | ▲ 19% |
| Total debts | € 209,345 | € 178,016 | € 192,454 | € 288,260 | ▲ 50% |
| Cash | - | - | - | € 6,466 | |
| Land & buildings | € 10,490 | € 8,822 | € 42,585 | € 62,973 | ▲ 48% |
| Retained profit | € 93,494 | € 107,254 | € 114,769 | € 140,432 | ▲ 22% |
| Bank debt | € 177,211 | € 94,376 | € 135,966 | € 143,321 | ▲ 5% |
| Balance sheet total | € 322,839 | € 305,270 | € 327,223 | € 448,692 | ▲ 37% |
Key figures of VAN BRUWAENE - VERVAET, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2026 has not been filed yet; it was expected before 31 October 2026.
What happened to VAN BRUWAENE - VERVAET?
What happened at VAN BRUWAENE - VERVAET in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 25,663 (▲ 241% vs 2024). Source: NBB ↗
- New establishment in Ieper. KBO
- Start of the company according to the CBE. KBO
In short
From € 25,747 profit in 2022 to € 25,663 profit in 2025.
Paid € 81,958 in corporate taxes since 2022.
Best year ever: 2022, with € 25,747 profit.
Management
Behind VAN BRUWAENE - VERVAET are Geert (001-000) Van Bruwaene, Els (002-000) Vervaet and Bram (003-000) Van Bruwaene. Geert (001-000) Van Bruwaene is also behind VERZEKERINGSKANTOOR ESPLANADE.
Directors
According to the 2025 annual accounts
Els (002-000) Vervaet
Director
Bram (003-000) Van Bruwaene
Associate
Establishments
Establishment units
Physical locations of this company
Minneplein 14 box B
8900 Ieper
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0873.126.001
- VAT number
- BE 0873.126.001
- Registered office
- Minneplein 14 bus B, 8900 Ieper
- Names & denominations
- VAN BRUWAENE - VERVAET
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 12 April 2005
- Peppol
- Active · Active since 6 May 2026
- Activities · NACE
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